Asia Pacific Excipients Market Size & Outlook, 2023-2030
Asia Pacific excipients market, 2018-2030 (US$M)
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Asia Pacific excipients market highlights
- The Asia Pacific excipients market generated a revenue of USD 2,023.0 million in 2023.
- The market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, polymers was the largest revenue generating product in 2023.
- Alcohols is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,023.0 million |
| Market revenue in 2030 | USD 2,723.7 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Polymers |
| Fastest growing segment | Alcohols |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymers, Alcohols, Sugars, Minerals, Gelatin |
| Key market players worldwide | Eastman Chemical Co, Procter & Gamble Co, Avantor Inc, Huntsman Corp, Basf SE, Ashland Inc, FMC Corp, The Lubrizol Corp, Bausch Health Companies Inc, JRS Pharma, Shin-Etsu Chemical Co Ltd, DFE Pharma, Actylis, Roquette America, Colorcon |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.5% of the global excipients market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,723.7 million by 2030.
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Excipients Market Scope
Excipients Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific excipients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to excipients market will help companies and investors design strategic landscapes.
Polymers was the largest segment with a revenue share of 45.65% in 2023. Horizon Databook has segmented the Asia Pacific excipients market based on polymers, alcohols, sugars, minerals, gelatin covering the revenue growth of each sub-segment from 2018 to 2030.
Major factor driving the excipients market in Asia Pacific region is constant improvement in economic health of countries such as China and India coupled with increase in excipients volume in these countries.
Growing pharmaceutical market in this region has fomented several international firms to shift their excipients business to Asian countries such as India. For instance, in April 2014, Colorcon opened an excipient manufacturing facility in Goa to serve drug manufacturers in South Asia.
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Target buyers of Asia Pacific excipients market databook
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Our clientele includes a mix of excipients market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific excipients market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific excipients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific excipients market size, by country, 2018-2030 (US$M)
Asia Pacific Excipients Market Outlook Share, 2023 & 2030 (US$M)
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